to change calculator

Percent Change Calculator

Percent change calculator uses this formula: ((y2 - y1) / y1)*100 = your percent change. y1 is the original value, and y2 is the value it changed to..

This calculator is intended solely for general information and educational purposes. You should not take any action on the basis of the information provided through this calculator.

How can I calculate a percentage change ?

To calculate a percentage change, you can use this formula: (((y2- y1))/ y1) * 100. So, let's break this down with an example:

Suppose George owns stock in Vandelay Industries. His stock price went from $45 per share, to $47 per share. By what percentage has George's stock inceased ?

• We can set y1 = 45, and y2 = 47 (y1 is your first value, y2 is the value it changed to)
• Now subtract y2 - y1, which in our case is 47 - 45 which is 2
• Now divide 2 by 45 which is .044
• Multiply .04 * 100 which gives you 4.4

So George's stock has increased by 4.44 percent.

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Percentage Change Calculator

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• Percentage change calculator

Understanding percentage change

How to calculate percent change, percentage discount example, percentage increase example.

Let's begin by discussing what percentage change is, and we can then go through how to calculate it, with some examples to help.

Percentage change is a fundamental mathematical concept that allows us to measure and compare the relative difference between two values. Performing this calculation can help us see how much something has increased or decreased in value or quantity over time.

You'll find percentage change figures widely referenced in fields such as finance, economics and statistics. For example, you may find yourself looking at a statement for an investment and wondering what the percentage increase (in interest) has been compared to your initial investment.

You'll also find occasions in everyday life where calculating percentage change is useful. For example, there may be a sale at your local electrical store, and you might find yourself wanting to compare the price of an item before and after a discount, to evaluate the discount.

To calculate percentage change, subtract your initial value from your final value to get the difference, and then divide that figure by the initial value. Multiply the result by 100 to get the percentage: (finalValue − initialValue) / initialValue × 100 .

Here's the step-by-step process for calculating percentage change:

• Determine the initial value (old value) and the final value (new value).
• Subtract the initial value from the final value: final value - initial value .
• Divide the resulting figure by the initial value .
• Multiply the result by 100 to convert to a percentage .

The result from above represents the percentage change between the initial value and the final value. If the result is positive, it indicates an increase, while a negative result signifies a decrease.

Let's have a look at this as a formula...

Using this formula, when numbers go up, you can work out the percentage increase . When numbers go down, you can work out the percentage decrease . You need to make sure you do the calculation in the correct order, using PEMDAS . So, numbers within brackets first.

Example scenario 1 : You are shopping for a new laptop, and you come across a model that initially costs $1,000. However, you notice that it is on sale at a discounted price. You want to calculate the percentage change in price.

First, let's get our values:

• Initial price : $1,000 (old value).
• Discounted price : $800 (new value).

Now, we can calculate the percentage change:

• Subtract the initial price from the discounted price: $800 - $1,000 = -$200.
• Divide the result by the initial price: -$200 / $1,000 = -0.2.
• Multiply the resulting figure by 100 to convert it into a percentage: -0.2 * 100 = -20%.

The calculated percentage change is -20%, indicating a 20% discount on the original price.

Example scenario 2 : You find out that your landlord is increasing your rent from $650 to $700 per month and you want to know what the percentage increase is. Let's work it out...

• New number - old number = increase
• $700 (new rent) - $650 (old rent) = $50 increase
• ( increase / old number) × 100
• $50 (increase) / $650 (old number) = 0.0769.
• Then × 100 = 7.69% increase

The increase in rent in our example works out at 7.69%.

To check your calculation, you can use calculator at the top of the page . Simply enter your 650 figure into the first box and 700 into the second.

I hope you found our calculator and article useful. You can learn more about how to calculate percentage change in our article here . And, it's well worth bookmarking our main percentage calculator for everyday percentage calculations.

If you have any problems using our percentage change calculator, please contact us .

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Percentage Calculator ％

Use this versatile percentage calculator to easily find the percentage difference between two numbers, to calculate percent change (percentage increase, percentage decrease from a baseline), to find out what % is a given number from any other given number, as well as how much is x percent of y.

Related calculators

• What is a percentage
• How to calculate percent change
• How to increase or decrease X by Y percent
• How to calculate X is what percent of Y
• How to calculate X percent of Y
• How to calculate percent difference
• Percent Points vs Relative Percentages
• Compounding and averaging percentages
• Many uses for a percentage calculator

    What is a percentage

Before explaining how to use a percentage calculator to calculate percent change, percent difference or percentage of one number from another, it is useful to examine the basics of the concept of percentages.

A percentage is a dimensionless number, represented as a fraction of 100 , e.g. 50 out of 100 can be written as 50%, and 1 out of 10 can be written as 10%. A percentage is by definition a ratio . The sign for percent is "%", but the abbreviation "pct" is sometimes used in its place, while in older literature and documents one can encounter "per cent", where "cent" is an abbreviation of the Latin "centum" which literally means "one hundred", so the phrase means "per one hundred" - the literal definition of percentage.

Percentages have a wide array of applications in many disciplines and everyday usage. They are common in statistics, social sciences, economics, finance, accounting. In everyday usage we often encounter percent off coupons. Promotions, sales, and various discounts are often expressed as percentage from a previous reference price of an item or service. Percentage calculations can be used when measuring productivity or load of a person or machine, e.g. "he is working at 100%" (at maximum capacity).

Percentage increase or decrease are used to describe the relative growth or decline of something, e.g. a population, capital, personal wealth, etc. Differences between any two objects can be expressed as ratios or as percentage difference. The measurement error of a tool or process can be described in terms of percent error and can easily be computed using a percentage calculator. Read more on percent vs percentage .

    How to calculate percent change

This is what most people mean when they want to know "how to calculate percentage", but for other possible percentage calculations see below. Percent change calculators are commonly employed when comparing quantities, business metrics, or other measurements from two time periods , the earlier one serving as a baseline. A percentage change calculation is also useful when comparing a new state of things to an old state of things, e.g. using the census to compare the number of people living in villages in a given municipality before versus after industrialization. Our calculator is of great assistance for calculating percent increase / decrease , but you can also find the percentage change on your own.

For example, say you are reviewing the performance of your business on a monthly basis and you see that the past month you had 80 customers while the month before you were able to acquire only 64. To find the growth rate of your business versus prior month's base value you need to calculate percent change using the equation below.

    Percent Change Formula

Percent change = new / old * 100 - 100

where new is the newer quantity or measure, and old is the older quantity or measure. In the above example this would be 80 / 64 * 100 - 100 = 1.25 * 100 - 100 = 125 - 100 = 25%. Your monthly percentage change (percent growth, percent increase) from 64 to 80 was thus 25 percent versus the baseline from the month prior as you can verify by using the percentage change calculator.

In another situation, you might be examining a proposition to increase your salary from $100,000 a year to $120,000 a year to keep you on the payroll and want to find what percent is the new salary versus your old one. If you do the math manually, start by dividing 120,000 by 100,000 to get 1.2. Then multiply by 100 to get 120. Finally subtract 100 which leaves 20%. Therefore, you were offered a 20% increase of your salary and as the new salary is 120% of your current salary.

Similarly, you can use the calculator to calculate change in speed of different modes of transportation. If you compare a car or bus moving at 60 miles per hour to a high-speed train moving at 120 miles per hour, you can obtain the percentage change to be 100% meaning that the railway is twice as fast as the vehicle.

    How to increase or decrease X by Y percent

Oftentimes one may want to alter an original number by a percentage of its value. For example, if you want to calculate what a 20% increase to the price of an item due to VAT would result in, you can use the percent increase formula below.

    Increase by percentage formula

Increased value = base + base * % increase / 100

For example, if the current price is $100, increasing it by 20% means calculating: $100 + $100 * 20 / 100 = $100 + $20 = $120 price after the percent increase.

    Decrease by percentage formula

Decreased value = base - base * % increase / 100

The formula for decreasing a value by a percentage is almost identical, but the plus has been replaced with a minus. For an example application, say one is calculating a price discount of 50% from an original price of $200, the calculation would be: $200 - $200 * 50 / 100 = $200 - $100 = $100 discounted price.

    How to calculate X is what percent of Y

Let's say you are a car salesman and you have a car originally priced at $50,000, but you have done some calculation and determined that you can take $5,000 off the price of the car and still be ahead after the sale. How can you determine what percentage is $5,000 from $50,000? Obviously, just plugging in the numbers in the percent calculator above is the fastest way, but to do the math manually use the following formula:

    X is What Percent of Y Formula

x is x / y * 100 % of y

so in this case that would be 5,000 / 50,000 * 100 = 0.1 * 100 = 10%. If you were to offer a $5,000 discount on a $50,000 car, that would be a 10% discount.

In another example you might want to find what percentage of your total yearly income you have to pay in taxes. If your yearly income is $80,000 and you have calculated that your total tax amount is $36,000, then your tax rate is 36,000 / 80,000 / 100 = 0.45 * 100 = 45%, since $36,000 is 45 percent of $80,000.

Other applications of this equation can be found in percent error calculations. Say a measurement of width, height or weight is off by a given absolute value, then the absolute error can be translated into percentage error by the X is what percent of Y formula.

    How to calculate X percent of Y

Let's say you are told you are eligible to get a 20% discount on an item costing $500. How can you determine what the discount value is at this percentage? The formula to use is:

    X Percent of Y Formula

x% of y is y * (x / 100)

In the example above that would be calculated as 500 * (20 / 100) = 500 * 0.2 = 100. If you were to purchase the $500 item with $20 off, you would be getting a discount of $100.

Another example of using a percent calculator would be if you wonder how many minutes are 75% of a 60-minute video. The answer is 60 * (75 / 100) = 45 minutes as you can verify with our tool.

    How to calculate percent difference

The percentage difference of two numbers (quantities) a and b is the relative difference, expressed as a percent. It should be calculated using the formula:

    Percentage Difference Formula

Percent Difference = |a - b| / ((a + b) / 2) * 100 percent

For example, if one item costs $5 and another costs $6 the percent difference between them is: |5 - 6| / ((5 + 6) / 2) * 100 = 1 / (11 / 2) * 100 = 1 / 5.5 * 100 = 18.18%. Please, note that this doesn't mean that 5 is 18.18% smaller than 6, or that 6 is 18.18% larger than 5. The correct percentages if you are asking the question of "what percent is a from b" would be 16.66% and 20%, respectively, as explained above.

Similarly, a percentage difference calculator might be useful if computing the difference in elevation of two mountains. If one is 6,000 feet high and the other 3,000 feet, the absolute difference is 2000 ft while the percent difference is 40%.

Percentage difference is useful in a few situations, so it should be used with care. For example, one should not use percentage difference when comparing time periods, as the first metric is another state of the second metric, so percent change is the appropriate calculation. Similarly, finding a price changed by some percentage should not be done using percentage difference.

    Percent Points vs Relative Percentages

You might have noted that often when newspapers are talking about USA elections for members of parliament, premier, or president of a town, municipality, or a whole country, there would be polls tracking the favorability of each candidate. Differences in sentiment and changes in said polling measures will often be communicated in percent points instead of percentages. A percent point is like absolute difference, but expressed in percentages.

Note that such calculations only apply when comparing differences in percentage measures - something not supported by our percentage difference calculator mode. For example, the percent in favor of candidate A might be 40% before a certain political event and only 35% after. The percent change is simply 40% minus 35% which equals 5 p.p. (but is a percentage change of 12.5 percent).

    Compounding and averaging percentages

Percentages should not be added up (compounded) or averaged like simple numbers, as this will result in an incorrect end result. Compounding is often encountered in finance, e.g. when calculating compound interest or multi-year return of a financial portfolio. Averaging percentages is often encountered in business calculations, for example to determine the average growth of a company, but also in finance and banking where average growth of an asset or asset portfolio may be calculated.

Here is an example of adding percentages : say you have a $100,000 bank deposit at a 2% interest rate, applied yearly at the end of the year. If you keep it for 5 years, you might think that the way to calculate your deposit's value at the end of the 5-year period is to simply multiply 2% x 5 = 10% (or, equivalently, 2% + 2% + 2% + 2% + 2% = 10%), add 100% and then use our percentage calculator to calculate 110% of $100,000. By this calculation you would expect to have $110,000 at the end of the period (10% of 100,000 is $10,000). However, you will have $110,408, since at the end of each year you will get your interest but then in each of the following years you will accrue interest over the interest from the first year. And so on for the second, third...

To average percentage growth a year, it would be incorrect to just sum up the growth % in each year and then divide by the number of years. Let us say you are the founder of an organization which has an asset that grew 5% the first year, 6% the second year, 10% the third year, and then lost 10% the fourth year. The growth of the principal value is not 5% + 6% + 10% - 10% = 11%, but it is instead the geometric mean : 2.4549% times the number of years = 2.4549 x 4 = 9.82%. Again, this is not something you can solve for using the above calculator.

The above peculiarities are also the reason why if you lose 25% of some asset, you need to grow it 33.33% to recoup the loss. A quick calculation shows that $10,000 * 25% = $7,500, while $10,000 of $7,500 = 133.33% (or $10,000 - $7,500 = $2,500 to return to zero, and $2.500 is 33.33% of $7,500).

    Many uses for a percentage calculator

As the numerous examples above demonstrate, a percentage calculator can be useful in so many practical scenarios. Changes in electoral sentiment in democratic processes, industrial production, stocks of material goods in warehouses, albums sold by an artist / musician, publications in a scientific journal, personnel changes in an organization, as well as natural things such as the amount of flora or fauna in given island, etc. can be computed using such a tool. Another application of percentage calculations is for differences in achievements such as records at Olympic games and other tournaments and championships.

A specialized calculator can be used to measure the relative difference in physical quantities such as speed, density, luminosity, reflectivity, strength, tensile strength, and so on. However, a calculator is most often used for financial assets and benchmarks and for everyday things such as discounts, commissions, and tipping at a restaurant.

Cite this calculator & page

If you'd like to cite this online calculator resource and information as provided on the page, you can use the following citation: Georgiev G.Z., "Percentage Calculator" , [online] Available at: https://www.gigacalculator.com/calculators/percentage-calculator.php URL [Accessed Date: 15 Nov, 2023].

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How to Calculate Percent Change

Last Updated: January 31, 2023 Fact Checked

This article was co-authored by Grace Imson, MA and by wikiHow staff writer, Sophia Latorre . Grace Imson is a math teacher with over 40 years of teaching experience. Grace is currently a math instructor at the City College of San Francisco and was previously in the Math Department at Saint Louis University. She has taught math at the elementary, middle, high school, and college levels. She has an MA in Education, specializing in Administration and Supervision from Saint Louis University. This article has been fact-checked, ensuring the accuracy of any cited facts and confirming the authority of its sources. This article has been viewed 691,716 times.

In mathematics, the concept of percent change is used to describe the relationship between an old value and new value. Specifically, the percent change expresses the difference between the old and new values as a percentage of the old value. Use the equation (( V 2 - V 1 ) / V 1 ) × 100 , in which V 1 represents an old or initial value and V 2 represents the new or current value. If the number is positive, it indicates a percent increase and if it’s negative, it indicates a percent decrease. You can also use a modified formula to determine percent decrease rather than working with negative numbers.

Sample Percent Change Calculator

Using the Standard Equation

• For example, say you’re trying to figure out how much your income increased from one year to the next. If you made $37,000 last year and $45,000 this year, subtract 37,000 from 45,000, which is 8,000.
• Alternatively, in the world of retail, when a product receives a discount, this is often expressed as the product being “x% off” which is a percent decrease. If a pair of pants was previously sold for $50 and is now sold for $30, $50 is the original value and $30 is the new value. To start, subtract $50 from $30, which is -$20.

Tip: When dealing with variables with more than one change in value, find the percent change only for the two values you wish to compare.

• Continuing the example, divide 8,000 (the difference between your incomes) by 37,000 (which is the original value). The answer is 0.216.
• Alternatively, dividing the difference (-$20) by the old value ($50) is -0.40. Another way of thinking of this is that the $20 change in value is 0.40 of the $50 starting point, and that the change of value was in the negative direction.

• Take 0.216 and multiply it by 100. In this case, the answer is 21.6, so your income increased by 21.6%.
• Alternatively, to get the final percentage, multiply the decimal answer (-0.40) by 100. -0.40 × 100 = -40%. This means that the new price of $30 for the pants is 40% less than the old price of $50. In other words, the pants are 40% off. Another way to think of this is that the $20 difference in price is 40% of the initial price of $50. Since this price difference results in a lower final price, give it a negative sign.

Calculating Percent Decrease in an Alternative Way

• For instance, say you’re trying to figure out how much a school’s enrollment changed between years. If the enrollment for this year is 12,125 and it was 13,500 last year, take 12,125 away from 13,500, which is 1,375.

• In this case, divide 1,375 (the difference between the numbers) by 13,500 (the original value), which is equal to 0.1019 (when rounded).

• Multiply 00.1019 by 100, which is 10.19. So, enrollment decreased by 10.19%.

Tip: If you use this equation and end up with a negative number, it represents a percent increase.

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• ↑ https://sciencing.com/do-out-percent-number-5402624.html
• ↑ https://www.mathsisfun.com/numbers/percentage-change.html
• ↑ https://www.omnicalculator.com/math/percentage-decrease
• ↑ https://www.calculatorsoup.com/calculators/algebra/percentage-decrease-calculator.php

About This Article

To calculate percent change, start by determining both the old and new values for the amount that has changed. Next, subtract the old value from the new value. Then, divide the answer by the old value. Finally, multiply that number by 100 to get the percent change. For example, if the original value of something was 30 and then went up to 50, you would subtract 30 from 50 to get 20. Then, you would divide 20 by 30 and get 0.033. Finally, multiply that by 100 to get a final answer of 33 percent. For tips on how to find the percent change when there are more than two values, read on. Did this summary help you? Yes No

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Percentage Change

Subtract the old from the new, then divide by the old value. Show that as a Percentage.

Comparing Old to New

Percentage Change is all about comparing old to new values. See percentage change, difference and error for other options.

How to Calculate

Here are two ways to calculate a percentage change, use the one you prefer:

Example: A pair of socks went from $5 to $6, what is the percentage change?

Answer (Method 1):

• Step 1: $5 to $6 is a $1 increase
• Step 2: Divide by the old value: $1/$5 = 0.2
• Step 3: Convert 0.2 to percentage: 0.2×100 = 20% rise .

Answer (Method 2):

• Step 1: Divide new value by old value: $6/$5 = 1.2
• Step 2: Convert to percentage: 1.2×100 = 120% (i.e. $6 is 120% of $5)
• Step 3: Subtract 100%: 120% − 100% = 20%, and that means a 20% rise .

Another Example: There were 160 smarties in the box yesterday, but now there are 116, what is the percentage change?

Answer (Method 1): 160 to 116 is a decrease of 44. Compared to yesterday's value: 44/160 = 0.275 = 27.5% decrease .

Answer (Method 2): Compare today's value with yesterday's value: 116/160 = 0.725 = 72.5%, so the new value is 72.5% of the old value. Subtract 100% and you get −27.5%, or a 27.5% decrease .

Why Compare to Old Value?

Because you are saying how much a value has changed.

Example: Milk was $2, now it is $3, did it rise $1 compared to $2 or $3 ?

We compare to the original $2 value , so we say the change is $1/$2 = 0.5 which is a 50% increase .

The Formula

You can also put the values into this formula:

New Value − Old Value |Old Value| × 100%

(The "|" symbols mean absolute value , so negatives become positive)

Example: There were 200 customers yesterday, and 240 today:

240 − 200 |200| × 100% = 40 200 × 100% = 20%

A 20% increase.

Example: But if there were 240 customers yesterday, and 200 today we would get:

200 − 240 |240| × 100% = −40 240 × 100% = −16.6...%

A 16.6...% decrease.

How to Reverse a Rise or Fall

Some people think that a percentage increase can be "reversed" by the same percentage decrease. But no!

Example: 10% of 100

A 10% increase from 100 is an increase of 10 , which equals 110 ...

... but a 10% reduction from 110 is a reduction of 11 (10% of 110 is 11)

So we ended up at 99 (not the 100 we started with)

What happened?

• 10% took us up 10
• Then 10% took us down 11

Because the percentage rise or fall is in relation to the old value :

• The 10% increase was applied to 100
• But the 10% decrease was applied to 110

How to do it properly

To "reverse" a percentage rise or fall, use the right formula here:

Percentage Calculator

Please provide any two values below and click the "Calculate" button to get the third value.

Percentage Calculator in Common Phrases

Percentage difference calculator, percentage change calculator, what is a percentage.

0.5 × 100 = 50

In other words, the ratio of 25 males to students in the classroom is equivalent to 50% of students in the classroom being male.

Percentage formula

Although the percentage formula can be written in different forms, it is essentially an algebraic equation involving three values.

P × V 1 = V 2

If solving manually, the formula requires the percentage in decimal form, so the solution for P needs to be multiplied by 100 in order to convert it to a percent. This is essentially what the calculator above does, except that it accepts inputs in percent rather than decimal form.

Percentage difference formula

The percentage difference between two values is calculated by dividing the absolute value of the difference between two numbers by the average of those two numbers. Multiplying the result by 100 will yield the solution in percent, rather than decimal form. Refer to the equation below for clarification.

Percentage change formula

Percentage increase and decrease are calculated by computing the difference between two values and comparing that difference to the initial value. Mathematically, this involves using the absolute value of the difference between two values then dividing the result by the initial value, essentially calculating how much the initial value has changed.

The percentage increase calculator above computes an increase or decrease of a specific percentage of the input number. It basically involves converting a percent into its decimal equivalent, and either subtracting (decrease) or adding (increase) the decimal equivalent from and to 1, respectively. Multiplying the original number by this value will result in either an increase or decrease of the number by the given percent. Refer to the example below for clarification.

EX: 500 increased by 10% (0.1) 500 × (1 + 0.1) = 550 500 decreased by 10% 500 × (1 – 0.1) = 450

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How to change calculator on Windows 10

Hello! I have a problem to change old calculator to new calculator. I have both of them, but when I press FN+F12 it opens old calculator. How can I change it to new?

Windows 10 A Microsoft operating system that runs on personal computers and tablets. 9,314 questions Sign in to follow

What is the point of keeping both? You may uninstall the old one.

• Right-click the shortcut icon of new calculator and select Properties .
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Relative Change Calculator

What is relative change, how do you calculate relative change, example problems, using this relative change calculator.

Our relative change calculator is here to help you calculate the relative change between a variable's initial and final values . It also calculates the percentage of relative change.

In this article, we shall learn what relative change is and apply the relative change formula to some example problems to help you understand this concept better.

If you specifically wish to calculate the relative increase or decrease of a quantity, we recommend our percentage increase calculator or this percentage decrease calculator .

Relative change is a quantitative term that measures the change or difference in a variable relative to a reference or initial value . It helps compare two quantities while considering their "size" .

The formula for relative change is:

• x i x_i x i ​ — The initial value of a variable; and
• x f x_f x f ​ — The final value of the same variable.

As you can see, we calculate the relative change by subtracting the initial value from the final value and then dividing the answer by the absolute value of the initial number. The division by the initial value ensures that:

• The relative change is a unitless number; and
• The relative change between two quantities remains constant irrespective of the units used to measure the quantities.

For example, if the initial value is 4 km and the final value is 6 km, the relative change is 6 − 4 4 = 0.5 \frac{6-4}{4} = 0.5 4 6 − 4 ​ = 0.5 . If we use meters instead of kilometers to measure the distance, the initial value would be 4000m, and the final value would be 6000m. Again, the relative change is 6000 − 4000 4000 = 0.5 \frac{6000-4000}{4000} = 0.5 4000 6000 − 4000 ​ = 0.5 .

⚠️ Note that the initial or reference value cannot be zero ! Relative change is undefined when the initial value is zero.

Multiplying relative change by 100 gives us the relative change percentage :

In order to calculate the relative change between initial x i and final x f values, follow these steps:

Subtract the initial value from the final value to get their difference :

Δx = x f − x i

Divide this difference by the absolute value of the initial value to get the relative change:

Relative change = Δx/|x i |

Multiply this relative change by 100 to get the relative change percentage:

Relative change % = 100 ∙ (Δx/|x i |)

You can verify your result using our relative change calculator.

In this section, we shall consider a couple of examples to understand better how to calculate relative change:

If the minimum wage increases from $7/hr to $15/hr, what is the relative change in wages?

• Initial value x i = 7 x_i = 7 x i ​ = 7 ; and
• Final value x f = 15 x_f = 15 x f ​ = 15 .

Using the relative change formula, we get the following:

Thus, the relative change is 1.1429 or 114.29% .

• The theoretical frequency of a vibrating object is 75 Hz. In an experiment, the measured frequency of this vibrating object is 80 Hz. What is the relative error ?

The relative error calculation is the same as the relative change percentage calculation:

x t x_t x t ​ — The theoretical value ; and x e x_e x e ​ — The experimental value .

Using this formula, we get the following:

🙋 The relative error is a special case of relative change. You can learn more about the relative error calculation with our relative error calculator !

Our relative change calculator is simple to use:

Enter the initial or reference value .

Enter the final or measured value .

Sit back and chill as the tool automatically calculates the relative change and the relative change percentage!

Wish to calculate the relative change of a quantity at different stages as it keeps changing? Our percentage change calculator has got your back!

Why should you use the absolute value of a reference value for relative change?

When calculating relative change, using the absolute value of the reference ensures that the relative change is positive for a relative increase and negative for a relative decrease . Not using the absolute value could give us negative values for the relative increase and vice versa, which would be confusing, to say the least!

What is the relative change from 75 to 25?

The relative change from 75 to 25 is -0.6667 or -66.67% . To calculate this manually, follow these steps:

Subtract the initial value from the final value to get their difference : Δx = 25 − 75 = -50 .

Divide this difference by the absolute value of the initial value to get the relative change: Relative change = -50/|75| = -0.6667 .

Multiply this relative change by 100 to get the relative change percentage: Relative change % = 100 × -0.6667 = -66.67% .

Our relative change calculator will help you verify your result.

What is the percent change from 35 to 21?

The percentage relative change from 35 to 21 is -40% . To arrive at this answer yourself, follow these steps:

Subtract the initial value from the final value to get their difference : Δx = 21 − 35= -14 .

Divide this difference by the absolute value of the initial value to get the relative change: Relative change = -14/|35| = -0.4 .

Multiply this relative change by 100 to get the relative change percentage: Relative change % = 100 × -0.4 = -40% .

Verify your answer with our relative change calculator.

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PERCENT CHANGE CALCULATOR

Calculate the percentage change between two numbers, how to use our free percent change calculator, percentage change formula, other percent calculations, 1. percent change: increase, 2. percent change: decrease, 3. particular characteristics of the percent of change, 4. multiplication (percentage) factor, 5. multiplication factor and percentage, 6. percentage points.

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Percentage Change | Increase and Decrease

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For an explanation and everyday examples of using percentages generally see our page Percentages: An Introduction . For more general percentage calculations see our page Percentage Calculators .

To calculate the percentage increase:

First: work out the difference (increase) between the two numbers you are comparing.

Increase = New Number - Original Number

Then:   divide the increase by the original number and multiply the answer by 100.

% increase = Increase ÷ Original Number × 100 .

If your answer is a negative number, then this is a percentage decrease.

To calculate percentage decrease:

First: work out the difference (decrease) between the two numbers you are comparing.

Decrease = Original Number - New Number

Then: divide the decrease by the original number and multiply the answer by 100.

% Decrease = Decrease ÷ Original Number × 100

If your answer is a negative number, then this is a percentage increase.

If you wish to calculate the percentage increase or decrease of several numbers then we recommend using the first formula. Positive values indicate a percentage increase whereas negative values indicate percentage decrease.

Percentage Change Calculator

More: Percentage Calculators

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The Skills You Need Guide to Numeracy

This four-part guide takes you through the basics of numeracy from arithmetic to algebra, with stops in between at fractions, decimals, geometry and statistics.

Whether you want to brush up on your basics, or help your children with their learning, this is the book for you.

Examples - Percentage Increase and Decrease

In January Dylan worked a total of 35 hours, in February he worked 45.5 hours – by what percentage did Dylan’s working hours increase in February?

To tackle this problem first we calculate the difference in hours between the new and old numbers.  45.5 - 35 hours = 10.5 hours.  We can see that Dylan worked 10.5 hours more in February than he did in January – this is his increase .  To work out the increase as a percentage it is now necessary to divide the increase by the original (January) number:

10.5 ÷ 35 = 0.3  (See our division page for instruction and examples of division.)

Finally, to get the percentage we multiply the answer by 100.  This simply means moving the decimal place two columns to the right.

0.3 × 100 = 30

Dylan therefore worked 30% more hours in February than he did in January.

In March Dylan worked 35 hours again – the same as he did in January (or 100% of his January hours).  What is the percentage difference between Dylan’s February hours (45.5) and his March hours (35)? 

First calculate the decrease in hours, that is: 45.5 - 35 = 10.5

Then divide the decrease by the original number (February hours) so:

10.5 ÷ 45.5 = 0.23 (to two decimal places).

Finally multiply 0.23 by 100 to give 23%.  Dylan’s hours were 23% lower in March than in February.

You may have thought that because there was a 30% increase between Dylan’s January hours (35) and February (45.5) hours, that there would also be a 30% decrease between his February and March hours. As you can see, this assumption is incorrect.

The reason is because our original number is different in each case (35 in the first example and 45.5 in the second). This highlights how important it is to make sure you are calculating the percentage from the correct starting point.

Sometimes it is easier to show percentage decrease as a negative number – to do this follow the formula above to calculate percentage increase – your answer will be a negative number if there was a decrease.  In Dylan’s case the increase in hours between February and March is -10.5 (negative because it is a decrease). Therefore   -10.5 ÷ 45.5 = -0.23.  -0.23 × 100 = -23%.

Dylan's hours could be displayed in a data table as:

Calculating Values Based on Percentage Change

Sometimes it is useful to be able to calculate actual values based on the percentage increase or decrease.  It is common to see examples of when this could be useful in the media.

You may see headlines like:

UK rainfall was 23% above average this summer. Unemployment figures show a 2% decline. Bankers ’ bonuses slashed by 45%.

These headlines give an idea of a trend – where something is increasing or decreasing, but often no actual data.

Without data, percentage change figures can be misleading.

Ceredigion, a county in West Wales, has a very low violent crime rate.

Police reports for Ceredigion in 2011 showed a 100% increase in violent crime. This is a startling number, especially for those living in or thinking about moving to Ceredigion.

However, when the underlying data is examined it shows that in 2010 one violent crime was reported in Ceredigion. So an increase of 100% in 2011 meant that two violent crimes were reported.

When faced with the actual figures, perception of the amount of violent crime in Ceredigion changes significantly.

In order to work out how much something has increased or decreased in real terms we need some actual data.

Take the example of “ UK rainfall this summer was 23% above average ” – we can tell immediately that the UK experienced almost a quarter (25%) more rainfall than average over the summer. However, without knowing either what the average rainfall is or how much rain fell over the period in question we cannot work out how much rain actually fell.

Calculating the actual rainfall for the period if the average rainfall is known.

If we know the average rainfall is 250mm, we can work out the rainfall for the period by calculating 250 + 23%.

First work out 1% of 250, 250 ÷ 100 = 2.5. Then multiply the answer by 23, because there was a 23% increase in rainfall.

2.5 × 23 = 57.5.

Total rainfall for the period in question was therefore 250 + 57.5 = 307.5mm.

Calculating the average rainfall if the actual amount is known.

If the news report states the new measurement and a percentage increase, “ UK rainfall was 23% above average... 320mm of rain fell… ”.

In this example we know the total rainfall was 320mm. We also know that this is 23% above the average.  In other words, 320mm equates to 123% (or 1.23 times) of the average rainfall. To calculate the average we divide the total (320) by 1.23.

320 ÷ 1.23 = 260.1626.  Rounded to one decimal place, the average rainfall is 260.2mm .

The difference between the average and the actual rainfall can now be calculated: 320 - 260.2 = 59.8mm .

We can conclude that 59.8mm is 23% of the average rainfall amount (260.2mm), and that in real terms, 59.8mm more rain fell than average.

Continue to: Percentages Percentage Calculators Averages (Mean, Median and Mode)

See also: Fractions | Calculating Area | Polygons Employability Skills | Transferable Skills

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How To Calculate Percentage Change (With Examples)

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Calculating a percentage change is a useful skill for every professional to have. Whether you’re comparing prices, production times, or inflation rates, it’s almost a guarantee you’ll need to calculate a percentage change at some point.

In this article, we’ll teach you how to calculate a percentage change, and we’ll even show you a few examples of how to do this.

Key Takeaways:

A percentage change is a change in two values over time. This change is expressed as a percentage.

To calculate a percentage change, find the difference of the two values, divide that by the initial value, and multiply that by 100.

Knowing how to calculate percentage changes is valuable when working with values such as growth rates, inflation rates, and interest rates.

What is percentage change?

Percentage change formula, how to calculate percentage step-by-step, real-life examples of percentage change, the financial value of percentages, how to calculate percent change faq.

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Percentage change is a mathematical concept that shows a change over time. This can be anything from prices to time itself. And, it can represent a negative or positive change. As would be expected, positive values will indicate a percentage increase (e.g., a price raise), whereas negative values indicate a percentage decrease (e.g., a price cut).

Percentage change is extremely useful in the world of finance , as one of the most important things it can represent is security .

Security represents any kind of tradable financial asset. Forms of security include debt securities, equity securities, and derivatives. In the case of percentage change, you can track the price of security.

You can use the percentage change formula to track individual securities, the value of currencies, and more. Used more simply, percentage change can also tell you how much the price of a product has increased or how much extra pizza you bought.

Overall, it’s an incredibly useful concept for companies and individuals alike!

Luckily, the formula for calculating percentage change isn’t very complex. First, find the difference between the two values you want to compare. Next, you divide the increase or decrease by the first initial value. Then, after multiplying that by 100 to get a percentage, you’re all set.

Here’s the formula for percentage increase:

Percentage change = (FV − IV) ÷ IV × 100 FV = final value IV = initial value

Here’s the formula for percentage decrease:

Percentage change = (IV − FV) ÷ IV × 100 FV = final value IV = initial value

To better understand how to go about calculating percentage change, try following these step-by-step guides:

Percentage increase

First, as mentioned, calculate the difference between the initial value and the final value. This will allow you to find how much it’s increased. (increase = final value − initial value)

Next, divide the increase by the initial value. This will give you a decimal. (decimal = increase ÷ initial value)

Multiply the decimal you receive by 100 to get a percentage. (% increase = decimal × 100)

This calculation is meant to represent a percentage increase, but if the percentage you get is negative, that would mean that the percentage change is a decrease.

Percentage decrease

First, calculate the difference between the initial value and the final value, but in reverse from the previous steps. This will allow you to find how much it’s decreased. (decrease = initial value − final value)

Next, divide the increase by the initial value. This will give you a decimal. (decimal = decrease ÷ initial value)

This calculation is meant to represent a percentage decrease, but if the percentage you get is negative, that would mean that the percentage change is an increase.

In this first example, consider the following:

James wanted to buy a $22 bowl set but didn’t have money at the time. When he returns to buy the same set, the price has increased to $26. James wants to know just how much the price has increased, as he doesn’t want to buy it if it’s increased by more than 20%. We can use percentage change to find just that. In this case, we’re looking for a percentage increase. First, calculate the difference between $22 (the initial value) and $26 (the final value). This will allow you to find out how much the price has increased. ($26 − $22 = $4) Next, divide the $4 by the $22. This will give you a decimal. ($4 ÷ $22 = 0.18) Multiply the 0.18 by 100 to get a percentage. (0.18 × 100 = 18%) In this case, James will still buy the bowls because their price increase didn’t exceed 20%.

In this next example, we’ll examine how to calculate the percentage change of time as a resource.

Paul is working on a new product for his small business and wants to understand better how he should price it. To do this, he’s going to find the percentage change between how long it took him to make an old, similar product vs. this new product. Therefore, he can increase the price by the percentage change he calculates. The old product took 5 hours to make, whereas the new product takes 7 hours to make. How much is he going to increase the price? In this case, we’re looking for the percentage increase. First, calculate the difference between 5 hours (the initial value) and 7 hours (the final value). This will allow you to find out how much the price has increased. (7 − 5 = 2) Next, divide the two by the 5. This will give you a decimal. (2 ÷ 5 = 0.40) Multiply the 0.40 by 100 to get a percentage. (0.40 × 100 = 40%) In this case, Paul should increase the price of his new product by 40%.

In this example, let’s use the real-life values of the U.S. dollar to show how its value has inflated over time.

The currency of the United States has experienced inflation over a long period. This has decreased its value. $100 in 2010 is equal to $124.60 today. How much has the value of the dollar inflated in the past ten years? First, calculate the difference between $100 (the initial value) and $124.60 (the final value). This will allow you to find how much the value of the dollar has decreased. ($124.60 − $100 = $24.60) Next, divide the $24.60 by the $100, this will give you a decimal. ($24.60 ÷ $100 = 0.246) Multiply the 0.246 by 100 to get a percentage. (0.246 × 100 = 24.6%) In this case, the calculation was rather easy, but it shows that the value of the U.S. has been inflated by 24.6%.

In this final example, we’ll calculate the percentage change of your net income over a five-year period.

Five years ago, you earned a net income of $56,000. This year, you earned a net income of $73,000. If you’re curious about the percentage change of your net income across this five year period, here are the steps to follow: First, calculate the difference between $73,000 (the final value) and $56,000 (the initial value). This will show you how much your net income has increased. ($56,000 − $73,000 = $17,000) Next, divide $17,000 (the increase) by $56,000 (the initial value). This will give you a decimal. ($17,000 ÷ $56,000 = 0.30) Multiply the 0.30 by 100 to get a percentage. (0.30 × 100 = 30%) Your net income has increased by 30% in the last five years.

As shown, percentage change is a great tool for calculating the value of time, products, currency, and more. It’s easy to calculate and can be useful for companies and individuals alike.

With that in mind, it’s worth noting that there are tons of ways percentages can be useful in financial situations. Here are some of the most common and useful ways percentages are employed:

Growth Rate

Inflation Rate

Marginal Utility

Variable Cost

And more! As you can see, there are a plethora of ways you can use percentages to your advantage. Exciting, right?

How do I calculate the percentage change between two numbers?

You calculate the percentage change between two numbers by finding the difference between the two numbers, dividing that number by the initial value, and multiplying the result by 100.

If you’re trying to calculate the percentage change between 360 and 700, you’d first find the difference (700 – 360 = 340). Then you’d divide 340 by 360 (the initial value), which is 0.94. Finally, to turn that into a percentage, you’d multiply it by 100, which gives you 94%.

What is the percent change when 25 is increased to 45?

The percent change when 25 is increased to 45 is 80%. To calculate this, you first find the difference between 45 and 25 — this gives you 20. Then, you take 20 and divide by the initial value, 25. This gives you 0.8. Finally, multiply 0.8 by 100 to find a percentage: 80%.

U.S. Bureau of Labor Statistics – Calculating Percent Changes

The University of Texas at Tyler – How Do I Calculate Percent Change?

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Jack Flynn is a writer for Zippia. In his professional career he’s written over 100 research papers, articles and blog posts. Some of his most popular published works include his writing about economic terms and research into job classifications. Jack received his BS from Hampshire College.

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• How To Calculate Percentage Change

Change Calculator 4+

Calculate in seconds‪‬, alain stulz, designed for iphone.

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With this app you can calculate how much change you have to give in seconds. Ideal for yard sales, small businesses or if you simply want to know if the cashier has shortchanged. You simply enter the total bill amount and tap the amount that was paid. The amount of change is shown immediately.

Version 4.1

New: - Support for Dark Mode - Added more currencies Improved: - Fixes an issue that could cause incorrect rounding of result - Tweaked design

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I have been searching for a change app or cash register app for the past 90 minutes and have yet to find one. They all either require me to register my business (I’m not a business owner), or don’t work, or don’t load properly. I’m just baffled that their can this many idiots in Silicon Valley. Just how hard can it be to make an app that perform a simple function.

Developer Response ,

Hi there, thanks for trying my app! I‘m just wondering what exactly did not work for you in this case? Could you send me a quick email to stuliapps@gmail.com to explain the issue? Greetings from Switzerland, ^as

Great app!!!

Being a young adult with learning disabilities and not being able to have teachers who can help me with tasks like math (my weakness) has been a great help when I’m going out with my friends. I have trouble counting and making change. But with this app I feel so much better! Thank you so much to the developers of this app! <3 :)

Great app !

I love the app, very clean and simple to use, i love the fact that there’s buttons so you don’t have to type each number every time (all though it would be nice to have for large numbers)

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Calculators » Math » Percentage Change Calculator

Percentage Change Calculator

You chose the *Basic version of the Percentage Change Calculator.

Create a free account to access the embed code for the Basic version of this calculator!

User information, select additional packages to add to your calculator., lead generation, get this calculator for your site:, percentage change formula:, percentage change definition.

Forget clumsy formulas and standard calculators, our percentage change calculator does all the work for you. Just input the required information and you can determine the amount of change, as a percent that happened.

Uses for Percentage Change

People use percentage change for a variety of reasons. Some of these may be:

• Percentage of weight lost on a diet
• Comparing crowd numbers for an event from day to day
• Percentage gained or lost in an investment
• Comparing sports statistics

The amount of change between two numbers is the difference, but just a difference does not mean much to many people. It has more of an impact when you say, “There was a 50 percent increase in attendance at the concert compared to last year,” versus when you say, “There were 100 more people at the concert this year than last.”

How Percentage Change is Calculated

Our percentage change calculator uses the following formula to make the calculation:

((Ending Value – Original Value)/Original Value) x 100

Information Our Calculator Uses

You do not need to remember this formula. You only need to input the following data into the calculator:

• Original value
• Ending value

The original value is the first number or the earliest number. For instance, if you are comparing concert attendance between this year and last year, the original value is last year’s attendance number.

The ending value is the most recent data. For the concert example, it would be the number of people who came to the concert this year. Just put these two numbers into the calculator to find the amount of change, as a percent.

Money and Percentage Change

Money is another area where percentage change is frequently used. You can determine price changes as a percent or how much of a percentage change your salary raise gave you in your income.

For example, say you make $50,000 a year, and your boss gives you a $2,000 a year raise. The percentage increase can be found on our calculator by putting $50,000 into the original value box and $52,000 into the ending value box. $52,000 comes from adding your raise to your original salary. The calculator determines that you got a 4 percent raise.

Another Practical Use for Percentage Change

Another way to use this calculator is to estimate the change in your home’s value from one year to the next. If your property is valued one year at $150,000 and the next at $155,000, your home increased in value by 3.33 percent.

The uses for the percent change you find with our calculator are many. Find out how many ways you can use the information and try out our online calculator today.

How to Calculate Percentage Change

Let's be honest - sometimes the best percentage change calculator is the one that is easy to use and doesn't require us to even know what the percentage change formula is in the first place! But if you want to know the exact formula for calculating percentage change then please check out the "Formula" box above.

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• What is calculus?
• Calculus is a branch of mathematics that deals with the study of change and motion. It is concerned with the rates of changes in different quantities, as well as with the accumulation of these quantities over time.
• What are calculus's two main branches?
• Calculus is divided into two main branches: differential calculus and integral calculus.
• What is the best calculator for calculus?
• Symbolab is the best calculus calculator solving derivatives, integrals, limits, series, ODEs, and more.
• What is differential calculus?
• Differential calculus is a branch of calculus that includes the study of rates of change and slopes of functions and involves the concept of a derivative.
• What is integral calculus?
• Integral calculus is a branch of calculus that includes the determination, properties, and application of integrals. This can be used to solve problems in a wide range of fields, including physics, engineering, and economics.

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• The Art of Convergence Tests Infinite series can be very useful for computation and problem solving but it is often one of the most difficult... Read More

Percentage Change Calculator

Percentage Change Calculator helps you to find the percentage change (increase or decrease) between two numbers.

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About percentage change calculator.

• Mr. John started working as a software developer with a salary of $7000 and after a year salary is increased to $9000. Can you figure out how many percent of salary increment Mr. John got?
• The stock rate of a company collapsed from $67.93 to $58.91 within a few weeks. Find out the decrement of the rate in percentage.

Problems like these can easily be solved using our Percentage Change Calculator. Also, in this article, we will see how you can do it. In addition, we will learn about the mathematical approach behind the calculation.

This amazing tool will help you to determine the change between two values in the terms of percentage. You just need to provide the starting and final value. After that, it will use its algorithm to calculate the result. In addition, it gives you the difference between two given values with calculation steps.

Calculating percentage change is a common task in the field of research, science, mathematics, technology, finance, statistics, and even in daily applications. So, it's a very useful tool for all types of users. There are some more financial calculators that you should try such as VAT Calculator UK and Australian GST Calculator .

What is Percentage Change?

In layman's terms, it is the percent increase or decrease measured between two values. For example, if the final value increases X% from the starting value, we can say there is an X% change. Similarly, if the final value decreases Y% from the initial value, we can say there is a -Y% change. The positive change denotes an increase and the negative change denotes a decrease.

Percentage Change Formula

To find the percentage change, firstly, find the difference between the final and starting value and then divide it by the mod of starting value. After that multiply the so obtained figure by 100 to get the percentage change.

The mathematical formula for calculating percentage change is as follows:

Where, X 1 = Starting value X 2 = Final value

The percentage change calculator yields result using the above formula.

How to Calculate Percentage Change?

Let's take some examples where we will try to demonstrate the usage of the percentage change formula discussed and calculate the percentage change.

However, the online percentage change calculator is the most accurate and fast way to calculate the percentage change. But here we will know how the mathematical calculation works behind it.

In a company, the freshers are getting paid $9500 and after their training period gets over they will get $12000. Calculate the percentage change in their salary.

Here, Starting salary (X 1 ) = $9500 Final salary (X 2 ) = $12000

Now, place the above values in the percentage change formula.

Therefore, there is an approximate 26% increment in the salary after training.

A product costs $45 and you have claimed a flat discount of $10. Calculate how much percent you saved?

Here, Starting price (X 1 ) = $45 Final price (X 2 ) = $45 - $10 = $35

Therefore, there is an approximate 22% decrease in the price. Hence, you saved 22% from the original price.

Features of Percentage Change Calculator

The percentage change calculator is a very useful tool that makes your work easier and faster. Here we have listed down the important features of the calculator.

• Super-fast output: It gives results in less than a second. Just enter the inputs and you're set to go.
• 0% downtime: Use this tool anytime anywhere without any worries. We guaranteed 0% downtime.
• Compatibility: Our tool is fully functional and responsive on desktops, tablets, laptops, and mobile devices.
• Free of cost: We don't charge any type of fee for using our tool. Neither we are going to introduce any sort of rental or usage price. It's absolutely free for a lifetime.
• Accurate result: You can completely rely on the computation result of the tool. It generates 100% correct results.

How to use Percentage Change Calculator?

Follow the below steps in order to calculate the percent change.

• Firstly, open the percentage change calculator in any web browser. Such as Chrome, Firefox, or Safari.
• After opening it you will see two input boxes labeled with Starting value and Final value. Enter the values accordingly. Recheck the values once to avoid any mistakes.
• Lastly, click the "Calculate" button.
• The final result will be displayed below. It shows the increase or decrease(in %), difference, and calculation steps.
• For new calculations, just click the "Reset" button.

1. Are percentage difference and percentage change the same?

No, percentage difference and percentage change are two different concepts. The percentage difference is calculated by calculating the difference between two averages. Whereas Percentage change is mainly the increment or decrement between two numbers in terms of percent(%).

2. How do you calculate 20% change?

Firstly, we need to have an initial value in order to calculate the change. Then we can tweak the percentage change formula to calculate the final value after 20% change.

Now let's take an example to understand in detail.

Suppose we have, Starting value = 100 and, Percentage change = 20%.

Let's put the known values into the equation.

X 2 = 20 + 100

Therefore, X 2 = 120

Also, you can use the following formula to directly calculate the final value. Just place the starting value in the equation and find out the final value.

3. How to calculate percentage decrease?

Whether you want to calculate percentage increase or decrease the process remains the same.

Put the initial value and final value into the formula and solve it. Remember that, the percentage change will come in negative. For more understanding refer to the second example in the how to calculate section.

In our calculator just enter the values in the correct order and press the "Calculate" button. When computing for decrease, the Starting value will be greater than the Final Value.

4. What is the limit of input values?

There is no limit on the input values. You can input any big or small value as you want.

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IRS announces new tax brackets for 2024. What does that mean for you?

The Internal Revenue Service has announced that income tax brackets and standard deductions will be changing come the 2024-2025 season.

The IRS released the information Thursday in its annual inflation adjustments report, revealing a 5.4% bump in income thresholds to reach each new bracket.

The IRS makes these changes annually, using a formula based around the consumer price index to address inflation and prevent "bracket creep," which happens when inflation pushes taxpayers into a higher bracket without any real increase in income or buying power.

While this bump is lower than last year's historical 7% increase , it is still more significant than times in the past when inflation was lower than the current 3.7%.

There are seven federal income tax rates as set by the 2017 Tax Cuts and Job Act and they are applied progressively, meaning the more you earn, the higher percentage of taxes you pay from your income. The rates currently are set at 10%, 12%, 22%, 24%, 32%, 35% and 37%. 

Learn more: Best current CD rates

For 2024, the lowest rate of 10% will apply to individual with taxable income up to $11,600 and joint filers up to $23,200. The top rate of 37% will apply to individuals making above $609,350 and married couples filing jointly earning $731,200 or more.

Need a new tax strategy? These money-saving tips taken by Dec 31 may help pad your pockets

IRS focuses in on uber-wealthy: Flush with new funding, the IRS zeroes in on the taxes of uber-wealthy Americans

Standard deductions for 2024

• The 2024 tax year standard deductions will increase to $29,200 for married couples filing jointly, up $1,500 from $27,700 for the 2023 tax year.
• The standard deduction for single taxpayers will be, $14,600, an increase from $13,850 in 2023.
• Heads of household will see a $1,100 increase to $21,900 compared to 2023's $20,800.

Tax brackets for people filing as single individuals for 2024

• 10%: Taxable income up to $11,600
• 12%: Taxable income over $11,600
• 22%: Taxable income over $47,150
• 24%: Taxable income over $100,525
• 32%: Taxable income over $191,950
• 35%: Taxable income over $243,725
• 37%: Taxable income over $609,350

Tax brackets for joint filers in 2024

• 10%: Taxable income up to $23,200
• 12%: Taxable income over $23,200
• 22%: Taxable income over $94,300
• 24%: Taxable income over $201,050
• 32%: Taxable income over $383,900
• 35%: Taxable income over $487,450
• 37%: Taxable income over $731,200

Book-banning costs taxpayers: 'Book-banning crusade' across the U.S.: What does it cost American taxpayers?

2024 adjustments for social security, FSA, 401(k) and IRA contributions

• Social security benefits will increase by 3.2%, more than $50 a month, starting in January.
• The limit for contributions to an FSA in 2024 will increase to $3,200 up from $3,050.
• Employee contributions to 401(k), 403(b) and most 457 plans are now capped at $23,000, up from the 2023 limit of $22,500. Annual contributions to an IRA are now capped at $7,000, up from $6,500.